The UEFA Champions League has reached its quarterfinal stage, with eight elite teams set to vie for a coveted spot in the semifinals. The matchups promise thrilling encounters, showcasing Europe’s finest football talent.

So, the round of 16 is over and after some amazing Champions League action, what will happen in the next round? ESPN FC's experts give their knee-jerk picks for the quarterfinals.

Premier League leaders Liverpool have been knocked out of the Champions League by French side Paris St-Germain on a dramatic night at Anfield.

Paris Saint-Germain produced a historic turnaround to progress to the Champions League quarter-finals at Liverpool's expense as they triumphed 4-1 on penalties after a 1-0 second leg win at Anfield.Never in Liverpool's history had they lost a European tie after winning the first leg away from home but Ousmane Dembele's early strike brought the French champions level at 1-1 on aggregate.

This week saw the return legs of the Champions League Round of 8, with Paris Saint-Germain qualifying at Anfield on Tuesday against Liverpool (1-1 on aggregate, 1-4 on penalties). Here are the results of the matches and the qualifiers for the quarter-finals (April 8/9 and 15/16).

PSG made the quarter-final stages of the UEFA Champions League on March 11. They beat Liverpool at Anfield 4-1 on penalties after the game finished 1-1 on aggregate over two legs. Luis Enrique's team had to wait 24 hours for its quarter-final opponents to be revealed.